EGR 4.21% 9.1¢ ecograf limited

Richland, page-54

  1. 1,758 Posts.
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    All I can say is:

    If you check the ASX daily gross short sales report for the last five trading days or more not a single KNL share was short sold, much too risky to do so now.

    And you may well be right, there is a possibility the share price may go to 11 cents due to lack of news and market sentiment, there is no skill in picking a lower low for a share in a prolonged downward trend.

    But I will leave you with something to think about; within the next two to three weeks once the team are in Germany and they become not only the only graphite company on the ASX to sign one binding off-take agreement, but the only company globally to sign two binding off-take agreements, both with European company's, the share price will double from these levels in a single day. I hope you still duck your head in after such time to say g'day.
 
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